building assets | BGS Message Board Posts


B&G Foods Inc.

  BGS website

BGS   /  Message Board  /  Read Message

 

 






Keyword
Subject
Between
and
Rec'd By
Authored By
Minimum Recs
  
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board
Msg  894 of 900  at  7/6/2022 10:38:26 AM  by

E_K_S

The following message was updated on 7/6/2022 10:39:42 AM.

 In response to msg 893 by  PinewoodsBear
view thread

Re: building assets

I was sort of in the same boat, flipping real estate in Silicon Valley (during 1990) at the same time building my stock portfolio. At the time of the 2008-2009 real estate crash pick up a beautiful property in S. Lake Tahoe NV.

I live their 6 months out of the year (no State Income tax) and continue to build my stock portfolio. The Duplex I own in Tahoe I have remodeled and now am converting to two Townhouses. I lucked out since 1/4 miles away on the Lake is a condo development w/ units selling $2-$13 million !

My units once converted are now worth $1 million each (or more).

No debt paid all cash and still own my Silicon Valley home where I am constructing an ADU.

The key is do what interests you is exciting and challenging. You also will be lucky too on many of your investments.

Like today got a buy out on RFP +60% which I bought late last year when lumber prices hit the roof.
---------------------------------------

I believe BGS has a lot of really good assets and love that 7% dividend. Many times 'old lady' stocks are good especially if they have good core assets and are well managed.


     e-mail to a friend      printer-friendly     add to library      
|  
Recs: 1  
   Views: 0 []
Previous Message  Next Message    Post Message    Post a Reply return to message boardtop of board




Financial Market Data provided by
.
Loading...